Scb X Pcl Sustainability Profile
SCB X PCL, officially known as Siam Commercial Bank X Public Company Limited, is a prominent financial institution headquartered in Thailand. Established in 1907, SCB X has evolved into a leading player in the banking and financial services industry, with a strong presence across Southeast Asia. The company offers a diverse range of services, including retail banking, corporate banking, and wealth management, distinguished by its innovative digital solutions. SCB X is recognised for its commitment to customer-centric services and technological advancements, positioning itself as a pioneer in the region. With a robust market position, SCB X has achieved significant milestones, including numerous awards for excellence in banking services. Its focus on sustainability and digital transformation continues to drive its growth and enhance its reputation in the competitive financial landscape.
DitchCarbon Score
How does Scb X Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Scb X Pcl's score of 68 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Scb X Pcl's reported carbon emissions
In 2024, SCB X Public Company Limited reported total carbon emissions of approximately 127,570,000 kg CO2e for Scope 1, 40,660,000 kg CO2e for Scope 2 (market-based), and 28,695,000 kg CO2e for Scope 3 emissions, which include significant contributions from purchased goods and services (28,695,000 kg CO2e) and employee commuting (703,000 kg CO2e). The previous year, 2023, saw similar emissions with Scope 1 at about 11,518,000 kg CO2e and Scope 2 at 51,629,000 kg CO2e (market-based). SCB X has set ambitious climate commitments, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2023 as the base year. This target is part of their broader net-zero strategy, which encompasses all scopes of emissions. The company is committed to measuring and reducing its Scope 3 emissions as well. The organisation's climate targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global goal of limiting warming to 1.5°C. Their portfolio targets cover 20% of total investment and lending by total assets as of 2021, with required activities making up 25% of this total. SCB X's emissions data is independently reported and not cascaded from any parent organisation, ensuring transparency and accountability in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 8,039,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 42,430,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Scb X Pcl's Industry?
How Carbon Intensive is Scb X Pcl's Location?
Scb X Pcl's Scope 3 Categories Breakdown
Scb X Pcl's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 6% since 2023, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 37% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 90% of Scope 3 emissions.
Top Scope 3 Categories
Scb X Pcl's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Scb X Pcl has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
United Overseas Bank (Thai) Public Company Limited
TISCO Financial Group PCL
CIMB Thai Bank Public Company Limited
Dbs Bank
Government Savings Bank
Thai Credit Bank Public Company Limited
Frequently Asked Questions
Common questions about Scb X Pcl's sustainability data and climate commitments